Penguin Solutions (PENG) Insider Sells 6,485 Shares for $190,000
Published on Β· Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowJoe Clark, SVP and President of Optimized LED at Penguin Solutions (PENG), sold 6,485 shares for approximately $190,000 on April 23 and 24, 2026. This transaction reduced his direct ownership to 86,776 shares, amounting to about $2.66 million post-transaction. The sale represents 6.95% of his holdings and was executed under a Rule 10b5-1 plan, indicating it was pre-scheduled. Notably, Penguin Solutions reported a TTM revenue of $1.35 billion and a net income of $54.1 million, with a 1-year price change of 84.7%.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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